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Chipotle Mexican Grill (CMG) announced its plans to raise its menu prices by 2% to offset the chain's rising ingredients costs. Chipotle's stock rose by as much as 5% in Wednesday's session while being up nearly 40% year-to-date.
Market Domination hosts Julie Hyman and Josh Lipton report this news, looking back at Chipotle's record of comparable sales growth.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
This post was written by Luke Carberry Mogan.